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Friday, November 19, 2010

CORRECTION by GOSH Wine News Services re: VQA Wines and Hydro Rates.

The item recently issued by GOSH Wine News Services which broke the news that VQA wines would begin selling at a discount of 10% was, in fact, released in error. Our inside sources had confused the word "hydro rates" with "VQA wines".
What our sources meant to communicate is that the hydro component of CellaredInCanada(TM) wines would be sold at a 10% discount. The stretch water component of CIC wines (code named "hydro") would be listed on all LCBO cash register receipts for CIC wines, and a value based on the stretch water component would be eligible for a 10% discount.
Over the next five years to 2015, unfortunately, the price of VQA wines will continue to climb by 46%. This has been confirmed.
More on this story as it happens...

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